Horizon Space Acquisition Stock Performance
| HSPOU Stock | 11.37 0.23 1.98% |
Horizon Space has a performance score of 3 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.0279, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Horizon Space's returns are expected to increase less than the market. However, during the bear market, the loss of holding Horizon Space is expected to be smaller as well. Horizon Space Acquisition right now retains a risk of 0.43%. Please check out Horizon Space jensen alpha and day median price , to decide if Horizon Space will be following its current trending patterns.
Risk-Adjusted Performance
3 of 100
Weak | Strong |
Insignificant
Compared to the overall equity markets, risk-adjusted returns on investments in Horizon Space Acquisition are ranked lower than 3 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively stable basic indicators, Horizon Space is not utilizing all of its potentials. The latest stock price uproar, may contribute to short-horizon losses for the private investors. ...more
Actual Historical Performance (%)
One Day Return 2.29 | Five Day Return 2.02 | Year To Date Return 6.91 | Ten Year Return 15.19 | All Time Return 15.19 |
| Begin Period Cash Flow | 561.4 K |
Horizon |
Horizon Space Relative Risk vs. Return Landscape
If you would invest 1,122 in Horizon Space Acquisition on September 5, 2024 and sell it today you would earn a total of 15.00 from holding Horizon Space Acquisition or generate 1.34% return on investment over 90 days. Horizon Space Acquisition is currently producing 0.0216% returns and takes up 0.4265% volatility of returns over 90 trading days. Put another way, 3% of traded stocks are less volatile than Horizon, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
| Risk |
Horizon Space Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Horizon Space's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Horizon Space Acquisition, and traders can use it to determine the average amount a Horizon Space's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0507
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | HSPOU |
Estimated Market Risk
| 0.43 actual daily | 3 97% of assets are more volatile |
Expected Return
| 0.02 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 3 97% of assets perform better |
Based on monthly moving average Horizon Space is performing at about 3% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Horizon Space by adding it to a well-diversified portfolio.
Horizon Space Fundamentals Growth
Horizon Stock prices reflect investors' perceptions of the future prospects and financial health of Horizon Space, and Horizon Space fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Horizon Stock performance.
| Return On Asset | -0.005 | ||||
| Current Valuation | 91.69 M | ||||
| EBITDA | (560.15 K) | ||||
| Net Income | 2.91 M | ||||
| Total Debt | 280 K | ||||
| Book Value Per Share | (0.29) X | ||||
| Cash Flow From Operations | (378.12 K) | ||||
| Total Asset | 68.25 M | ||||
| Retained Earnings | (2.53 M) | ||||
| Working Capital | (114.81 K) | ||||
About Horizon Space Performance
Assessing Horizon Space's fundamental ratios provides investors with valuable insights into Horizon Space's financial health and overall profitability. This information is crucial for making informed investment decisions. A high ROA would indicate that the Horizon Space is effectively leveraging its assets and equity to generate significant profits, making it an appealing investment. Conversely, low Return on Assets could signal underlying management issues in assets and equity, indicating a necessity for operational refinements. Please also refer to our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.04 | 0.04 | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.04 | 0.05 |
Things to note about Horizon Space Acquisition performance evaluation
Checking the ongoing alerts about Horizon Space for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Horizon Space Acquisition help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Horizon Space has a very high chance of going through financial distress in the upcoming years | |
| Horizon Space generates negative cash flow from operations | |
| Horizon Space has a poor financial position based on the latest SEC disclosures |
- Analyzing Horizon Space's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Horizon Space's stock is overvalued or undervalued compared to its peers.
- Examining Horizon Space's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Horizon Space's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Horizon Space's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Horizon Space's stock. These opinions can provide insight into Horizon Space's potential for growth and whether the stock is currently undervalued or overvalued.
Additional Tools for Horizon Stock Analysis
When running Horizon Space's price analysis, check to measure Horizon Space's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Horizon Space is operating at the current time. Most of Horizon Space's value examination focuses on studying past and present price action to predict the probability of Horizon Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Horizon Space's price. Additionally, you may evaluate how the addition of Horizon Space to your portfolios can decrease your overall portfolio volatility.